EURAUD and EURNZD currency pairs made a nice and clean three-wave ABC corrective rally, from where we may now see a continuation lower by Elliott wave theory.
EURAUD pair is nicely turning down after a completed projected five-wave impulse into wave (C) of an (A)(B)(C) correction. So bears can be now finally here, and we should be aware of more weakness, especially if slips back below 1.7463 level, just watch out on short-term pullbacks.
EURAUD 2H Chart
EURNZD seems to have now a completed ABC correction at the projected resistance, so be aware of a continuation lower, just keep in mind that bearish confirmation is only below 1,88 area.
EURNZD 4H Chart
For a detailed view and more analysis like this, you may want to watch below our latest recording of a live webinar streamed on June 16 2025:
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